ASIC (Amendment) Instrument 2022/0427
I, Joseph Longo, Chairperson of the Australian Securities and Investments Commission, make the following legislative instrument.
Date 1 June 2022
Joseph Longo
ASIC (Amendment) Instrument 2022/0427
I, Joseph Longo, Chairperson of the Australian Securities and Investments Commission, make the following legislative instrument.
Date 1 June 2022
Joseph Longo
Contents
1 Name of legislative instrument
ASIC (Senior Staff Members—Determination) Instrument 2019/117
1 Name of legislative instrument
This is the ASIC (Amendment) Instrument 2022/0427.
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.
This instrument is made under section 122A of the Australian Securities and Investments Commission Act 2001.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
ASIC (Senior Staff Members—Determination) Instrument 2019/117
1 Section 4 (definition of Financial Services and Credit Panel)
Omit the definition.
2 Subsection 6(2)
Omit the subsection (including the heading).
3 At the end of section 6
Add:
Registry functions and powers
(4) A staff member who holds or acts in a position in the Australian Taxation Office of Deputy Registrar, Deputy Commissioner or Assistant Commissioner whose services are being made available to assist ASIC is a senior staff member for the purposes of performing functions and exercising powers in relation to registry matters:
(a) as a delegate of the Minister under:
(i) subsections 147(2), 601DC(2) and 1213B(6) of the Corporations Act;
(ii) subsections 27(2), 28(2) and 32(3) of the Business Names Registration Act 2011;
(iii) subsections 9(1) and 9(2) of the Business Names Registration (Availability of Names) Determination 2015;
(b) as a delegate of ASIC under section 37 and subsections 41(1) and 47(1) of the Business Names Registration Act 2011.